please find enclosed herewith: Standalone Financial Results for the quarter and Financial Year ended March, 21 2026 along with the statement of Assets and Liabilities, Profit And loss ....
Awaiting price reaction for this filing.
Redmax Footwears Limited (formerly Viaan Industries) reported FY2026 total income of ₹2.20 lakhs, flat compared to FY2025. The company posted a net loss of ₹16.97 lakhs, significantly improved from a loss of ₹32.14 lakhs in the prior year—a loss reduction of ~47%. Expenses were cut from ₹20.08 lakhs to ₹16.83 lakhs. Basic EPS stood at -₹0.32. Operating cash flow was deeply negative at -₹23.00 lakhs. Trading of the company's equity shares remains suspended. The company filed for listing of 1 crore new equity shares following an NCLT order dated February 6, 2024. Auditors issued an unmodified opinion but flagged that the audit trail (edit log) feature of the accounting software was not operating effectively throughout the year.
The stock remains suspended from trading, limiting retail investor exit options. While losses narrowed meaningfully YoY, the company is still deeply loss-making with negligible revenue and negative operating cash flow, making it a high-risk speculative play pending the new share issuance and lifting of the trading suspension.